London Stock Exchange ETF segment · UCITS ETF
Invest in UGRW ETF from India
Indian and foreign residents can buy WisdomTree UK Quality Dividend Growth UCITS ETF (UGRW) units directly through Paasa.
By Paasa · Updated
UGRW at a glance
- Price
- £31.95-£0.30 (0.92%)
- Expense ratio
- 0.29%
- Day range
- £31.83 – £32.16
- Assets
- £8.3M
- Domicile
- Ireland
- Holdings
- 84
- Launched
- 2023
- Dividends
- Distributing
- 1 month
- -3.12%
- 6 months
- +2.87%
- YTD
- +4.19%
- 1 year
- +4.03%
- 5 years
- —
Price change, excluding dividends.
Top 10 holdings
- 1BP PLC6.0%
- 2GSK Plc5.1%
- 3SSE PLC5.0%
- 4ASTRAZENECA PLC USD0.254.4%
- 5Admiral Group PLC3.9%
- 6Compass Group Plc3.5%
- 7Relx PLC3.3%
- 8Coca-Cola HBC AG2.5%
- 9Antofagasta PLC2.4%
- 10Next PLC2.2%
UGRW holds 84 securities in total. These 10 are 38.2% of the fund.
Where the money is invested
Sectors
- Industrials19.4%
- Financial Services16.4%
- Consumer Cyclical14.7%
- Healthcare10.9%
- Energy8.2%
- Utilities7.4%
Countries
- United Kingdom87.4%
- Switzerland2.5%
- Other2.5%
- Jersey2.0%
- Ireland1.7%
- Bermuda1.4%
How to invest in UGRW from India
Step 1
Open your Paasa account
KYC takes a few minutes: PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Step 2
Add funds from your Indian bank account
Remit up to $250,000 a year under the RBI's Liberalised Remittance Scheme. Your bank converts the rupees to US dollars at its rate on the day you remit, and Interactive Brokers converts the dollars to GBP when you buy.
Step 3
Search UGRW and buy
Find the fund by its ticker, UGRW, on the London Stock Exchange ETF segment, and place your order.
Why invest in UGRW from India
What UGRW holds
The WisdomTree UK Quality Dividend Growth UCITS ETF (UGRW.L) aims to mirror the comprehensive returns—including both capital growth and income generated—of its specific benchmark, the WisdomTree UK Quality Dividend Growth Index, before any expenses or charges are applied. This underlying index focuses its investments on financially robust, UK-based companies that consistently increase their dividend payments and also satisfy WisdomTree’s criteria for environmental, social, and governance (ESG) responsibility.
Outside US estate tax
UGRW is domiciled in Ireland, not the US, so it is not a US-situs asset and US estate tax does not apply to it.
Paasa handles the paperwork
Investing abroad brings paperwork with it: remittance filings, capital gains reporting, foreign asset disclosure. Paasa prepares all of it for you. Your India-ready tax reports arrive at year end, ready to file.
Why UGRW's UCITS structure matters for Indian investors
UGRW is domiciled in Ireland, not the US, so it is not a US-situs asset and US estate tax does not apply to it.
On the US shares the fund holds, the 15% US dividend withholding is paid inside the fund, and you cannot claim it as a Foreign Tax Credit in India.
Capital gains are taxed in India the same way as on a US-listed ETF.
Frequently asked questions
Can I buy UGRW from India?
Yes. Indian residents can buy WisdomTree UK Quality Dividend Growth UCITS ETF (UGRW) through Paasa. It is listed on the London Stock Exchange ETF segment and trades in GBP. Your money leaves India under the RBI's Liberalised Remittance Scheme, and the units are held in your own name at Interactive Brokers.
What does UGRW invest in?
WisdomTree UK Quality Dividend Growth UCITS ETF holds 84 securities. Its largest holdings are BP PLC (6.0%), GSK Plc (5.1%) and SSE PLC (5.0%). Industrials is its largest sector at 19.4%. It is a distributing fund domiciled in Ireland.
What is the expense ratio of UGRW?
WisdomTree UK Quality Dividend Growth UCITS ETF has an expense ratio of 0.29% a year, taken from the fund's assets rather than billed to you. The fund manages about £8.3M.
Is UGRW a UCITS ETF, and why does that matter for Indian investors?
Yes. WisdomTree UK Quality Dividend Growth UCITS ETF is a UCITS fund domiciled in Ireland. Because it is domiciled outside the US, it is not a US-situs asset, so US estate tax does not apply to it. On the US shares the fund holds, the 15% US dividend withholding is paid inside the fund, and you cannot claim it as a Foreign Tax Credit in India.
How are UGRW dividends taxed in India?
WisdomTree UK Quality Dividend Growth UCITS ETF is a distributing fund. It pays the dividends from its holdings out to you in cash. Dividends are taxed at your slab rate in India. Paasa's dividend report lists the gross dividend and any tax withheld for each payment.
What tax do I pay in India when I sell UGRW?
In India, gains on foreign ETF units held for more than 24 months are long-term and taxed at 12.5% without indexation, and gains on units held for 24 months or less are short-term and taxed at your income-tax slab rate. Both are worked out in rupees at the GBP/INR rate on the day you bought and the day you sold, so the currency move is part of the gain. Paasa's capital-gains statement gives you the figures for your return.